IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions, announced that Jackson National Asset Management, LLC (JNAM), a wholly owned subsidiary of Jackson National Life Insurance Company (Jackson) has selected Markits fixed income pricing and equity fair value solutions.
Dan Koors, senior vice president and chief operating officer, JNAM said, High quality, timely and transparent data is crucial to ensure our valuations processes are as accurate as possible. We are confident that Markits fixed income and fair value pricing services offer a best-in-class solution to meet our needs.
We are delighted to provide Jacksons funds with our high quality fixed income pricing data and equity fair value solutions, said Kiet Tran, managing director and head of Fixed Income Pricing Data at IHS Markit. Our investment in these services over the past several years underscores our commitment to this space as we experience exceptional growth and onboard clients such as JNAM.
Markits fixed income pricing service provides independent pricing, transparency and liquidity data for fixed income instruments to support risk management, price verification, compliance and trading workflows. The service combines a team of over 100 fixed income experts with Markit’s robust market quotes and transaction data aggregation capabilities to generate a best-in-class pricing solution. Markits daily coverage of 2.5 million instruments spans municipal bonds, corporate and sovereign bonds, securitised products, bank loans and CDS.
